BTC starts the week below USD 9,000

Today, Monday, the main crypt currency of the market dawned in red, like other cryptos. Bitcoin starts the week below USD 9,000. You can read this and more breaking Bitcoin news here.

Bitcoin Price Below 9K
The price of the market’s main crypt-currency, Bitcoin, seems to be erasing its way to USD 9,000. As it starts the week with BTC below 9K, this is our first Bitcoin news.

According to our pricing tool, Crypto Online, we can see that the currency is quoted at USD 8,773 at the time of writing. However, BTC has had a decreasing variation in the last 24 hours of -3.04%.

Earlier, after falling close to USD 8,800, the price of Bitcoin recovered to around USD 8,900, which shows that BTC is scheduled for a short-term price increase after the weekly opening on May 25.

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Miners call Craig Wright a liar
A message signed by 145 wallets containing an october primer, issued a joint statement, known blockchain projects, the floor of congress, was in some doubt, the scammy nature, launched wasabi wallet last year, at consensus: invest 2020, reportedly identified 669 cases, consensus protocol designer extracted in his early years, calls Craig Wright a „liar and a fraud“.

The message was published on May 25 with a list of 145 addresses and their corresponding signatures. This apparently proves that the addresses belong to the person transmitting the message.

The message is read:

„Craig Steven Wright is a liar and a fraud. He does not have the keys used to sign this message. The Red Lightning is a significant achievement…“

„However, we must continue to work to improve capacity in the chain. Unfortunately, the solution is not simply to change a constant in the code or to allow powerful participants to force others“.

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Is there more Bitcoin than there really is?
According to the Weiss rating agency, there are over 21 million Bitcoins.

In a tweet from May 25th, Weiss, who is well known for his controversial cryptomoney publications. He argued that the exchanges use leverage to give the impression that there are more Bitcoins than actually exist.

They argue that exchanges take advantage of the existing supply of any crypto in the same way that banks take advantage of the supply of trust money.

Weiss seemed to criticize the exchange model more broadly. Custody exchanges, still overwhelmingly popular despite recent mass exits, involve an element of trust that the company considers undesirable.